Skip to main content

SUSTAINABLE INFRASTRUCTURE DIVIDEND FUND NORMAL COURSE ISSUER BID

Written by Customer Service on . Posted in Public Companies.

CALGARY, Alberta , March 30, 2020 (GLOBE NEWSWIRE) — Sustainable Infrastructure Dividend Fund (the “Fund”) (TSX: INF.UN) announced that it has filed a notice with the Toronto Stock Exchange (the “TSX”) and received its approval to make a normal course issuer bid (“NCIB”).  Purchases pursuant to the NCIB will be made in the open market through the facilities of the TSX.  This NCIB will commence on April 1, 2020 and will terminate on March 31, 2021.  In accordance with the Declaration of Trust by which the Fund is governed, market purchases pursuant to its NCIB may be effected by the Fund.
The Fund had 8,000,000 units issued and outstanding as at March 25, 2020.  The Fund may, during the 12 month period commencing April 1, 2020 purchase on the TSX up to 798,750 units, being 10% of the public float and may not, in any 30 day period, purchase more than 160,000 units, being 2% of the units issued and outstanding.  The Fund will cancel all units purchased pursuant to the bid.  Subject to receiving all necessary regulatory approvals, the Fund may, in lieu of canceling units acquired, hold the units in treasury for resale.  The Fund is implementing the NCIB to allow it to purchase units if and when it makes sense to do so.The Fund trades on the TSX under the symbol “INF.UN”.For further information visit our website at www.middlefield.com or contact the undersigned:Nancy Tham
Managing Director, Sales and Marketing
(416) 847-5349This press release may contain forward-looking information, including with respect to future purchases of Units by the Fund.  The forward-looking information contained in this press release constitutes current expectations, as of the date of this press release, with respect to the matters covered hereby.  Investors and others should not assume that any forward-looking statement contained in this press release represents an estimate as of any date other than the date of this press release.

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals

Before you continue, please confirm the following:

Professional advisers only

I am a professional adviser and would like to visit the GOLDEA CAPITAL for Professionals website.

Cookie Notice

We use cookies to improve your experience on our website

Information we collect about your use of Goldea Capital website

Goldea Capital website collects personal data about visitors to its website.

When someone visits our websites, we use a third party service, Google Analytics, to collect standard internet log information (such as IP address and type of browser they’re using) and details of visitor behavior patterns. We do this to allow us to keep track of the number of visitors to the various parts of the sites and understand how our website is used. We do not make any attempt to find out the identities or nature of those visiting our websites. We won’t share your information with any other organizations for marketing, market research or commercial purposes and we don’t pass on your details to other websites.

Use of cookies
Cookies are small text files that are placed on your computer or other device by websites that you visit. They are widely used to make websites work, or work more efficiently, as well as to provide information to the owners of the site.